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  • 1.  Process for handling gifts of stock with anonymous/unidentified donors?

    Posted 01-02-2024 04:15 PM

    Hello, all –

     

    Happy New Year to everyone!  I hope this email finds you all well. 

     

    I wanted to reach out to ask what your institutions' policies/procedures are for handling gifts in which the donor is unknown.  Do you return the stock?  Do you place it into an unrestricted fund if the donor cannot be accurately identified within a given period of time? 

     

    Please know that I'd appreciate any and all feedback you're able to provide. 

     

    Many thanks,

     

    Michael Halverson, Ed.D.
    Associate Vice President
    Development Resources
    Division of Development and Alumni Relations
    6200 San Amaro Drive, Suite 400
    Coral Gables, FL 33146
    Office: 305-284-1608 | Cell: 320-363-4987
    Email: mhalverson@miami.edu
    miami.edu | everbrighter.miami.edu


    https://advancement.miami.edu/NetCommunity/image/adv_intra/dept-name-updates/Standard-Signature-UMlogo.png

    Join us in building an ever brighter future!

     

     

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  • 2.  RE: Process for handling gifts of stock with anonymous/unidentified donors?

    Posted 01-02-2024 04:23 PM
    We rarely had any unknown stock deliveries. We followed the protocol outlined in my previously shared white paper.

    However, we would DK any unknown stock within two days, along with a comment instructing the broker to contact us immediately for clarification. We never sold stock when we did not know the donor.

    John

    John H. Taylor
    Principal
    John H. Taylor Consulting, LLC
    2604 Sevier St.
    Durham, NC   27705
    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987






  • 3.  RE: Process for handling gifts of stock with anonymous/unidentified donors?

    Posted 01-04-2024 12:46 PM

    For anyone who might be looking for the whitepaper John mentioned, it's in the FundSvc Library



    ------------------------------
    Susan Quinn
    Lenoir-Rhyne University
    Susan.quinn@lr.edu
    ------------------------------



  • 4.  RE: Process for handling gifts of stock with anonymous/unidentified donors?

    Posted 01-05-2024 09:58 AM

    Thank you!

     

    Michael Halverson

    Cell: 320-363-4987

    Office: 305-284-1608

     




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